FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question

Ee 379.

What are the major categories of business activities reported on the statement of cash flows. Define each category and give three different examples of what would fall into each category (total 9 examples). Are there any items that are confusing as to where they might go? Compare the purposes of the income statement, balance sheet, and statement of cash flows. If you were an investor and could only choose one financial statement to review, which statement would it be and why?
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Transcribed Image Text:What are the major categories of business activities reported on the statement of cash flows. Define each category and give three different examples of what would fall into each category (total 9 examples). Are there any items that are confusing as to where they might go? Compare the purposes of the income statement, balance sheet, and statement of cash flows. If you were an investor and could only choose one financial statement to review, which statement would it be and why?
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Introduction to Financial Statements
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Statement of Cash Flows
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Purpose of Financial Statements
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